Last $18.73 USD
Change Today -0.26 / -1.37%
Volume 9.4M
NBR On Other Exchanges
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As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

nabors industries ltd (NBR) Snapshot

Open
$19.15
Previous Close
$18.99
Day High
$19.15
Day Low
$18.14
52 Week High
07/3/14 - $30.24
52 Week Low
12/13/13 - $15.32
Market Cap
5.6B
Average Volume 10 Days
10.3M
EPS TTM
$1.26
Shares Outstanding
299.7M
EX-Date
09/5/14
P/E TM
14.8x
Dividend
$0.24
Dividend Yield
0.96%
Current Stock Chart for NABORS INDUSTRIES LTD (NBR)

nabors industries ltd (NBR) Related Businessweek News

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nabors industries ltd (NBR) Details

Nabors Industries Ltd., together with its subsidiaries, provides drilling and rig services; and completion and production services. It offers equipment manufacturing, instrumentation optimization software, and directional drilling services. The company also provides completion, life-of-well maintenance, and eventual plugging and abandonment of a well. The company markets approximately 485 land drilling rigs for oil and gas land drilling operations in the United States, Canada, and approximately 20 other countries worldwide. It also markets approximately 445 rigs for land well-servicing and workover services in the United States; and approximately 104 rigs for land well-servicing and workover services in Canada. In addition, the company provides 38 platform, 8 jackup, and 4 barge rigs in the United States and internationally. Further, it offers a range of hydraulic fracturing, cementing, nitrogen, and acid pressure pumping services; and ancillary well-site services, such as engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, rig instrumentation, data collection, and other support services. Additionally, the company manufactures, leases, or sells top drives for a range of drilling applications, directional drilling systems, rig instrumentation and data collection equipment, pipeline handling equipment, and rig reporting software. The company was founded in 1968 and is headquartered in Hamilton, Bermuda.

25,850 Employees
Last Reported Date: 03/3/14
Founded in 1968

nabors industries ltd (NBR) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $3.1M
Corporate Secretary
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2013.

nabors industries ltd (NBR) Key Developments

Nabors Industries Ltd. Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Financial Guidance for the Full Year of 2014

Nabors Industries Ltd. reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported operating revenues were $1,813,762,000 against $1,551,593,000 a year ago. Total revenues and other income was $1,813,100,000 against $1,550,194,000 a year ago. Income from continuing operations before income taxes was $163,941,000 against loss of $134,444,000 a year ago. Income from continuing operations, net of tax was $57,426,000 or $0.19 diluted per share against loss of $90,510,000 or $0.30 diluted per share a year ago. Net income attributable to the company was $61,044,000 or $0.20 diluted per share against loss of $105,381,000 or $0.35 diluted per share a year ago. Adjusted EBITDA was $489,958,000 against $439,337,000 a year ago. Capital expenditures for the third quarter were $488 million. Operating income was $203,377 million against $165,893 million a year ago. Net income from continuing operations, excluding net charges from strategic transactions, was $116,730,000, a sequential increase of 57%. Earnings per diluted share, excluding net charges, were $0.39, compared to $0.24 in the second quarter of this year. Adjusted income from operating activities was $203,377,000 compared to $165,893,000 a year ago. For the nine-month period, the company reported operating revenues were $5,020,361,000 against $4,545,037,000 a year ago. Total revenues and other income was $5,024,724,000 against $4,642,135,000 a year ago. Income from continuing operations before income taxes was $305,395,000 against $3,277,000 a year ago. Income from continuing operations, net of tax was $172,132,000 or $0.56 diluted per share against 29,825,000 or $0.08 diluted per share a year ago. Net income attributable to the company was $175,407,000 or $0.58 diluted per share against net loss attributable to the company of $10,621,000 or $0.03 diluted per share a year ago. Adjusted EBITDA was $1,297,406,000 against $1,207,654,000 a year ago. Net debt as on September 30, 2014, was $3,791 million. Adjusted income from operating activities was $445,878,000 compared to $398,635,000 a year ago. The company expects full year 2014 capital spending of approximately $1.9 billion. The company estimates full year depreciation and amortization of approximately $1.2 billion. The company's full year effective income tax rate is now estimated at 20% on normalized pretax earnings. The company expects the operating income and earnings of business to continue improving as compared to the third quarter.

Nabors Industries Ltd. to Report Q3, 2014 Results on Oct 21, 2014

Nabors Industries Ltd. announced that they will report Q3, 2014 results at 5:00 PM, SA Western Standard Time on Oct 21, 2014

Nabors Industries Ltd., Q3 2014 Earnings Call, Oct 22, 2014

Nabors Industries Ltd., Q3 2014 Earnings Call, Oct 22, 2014

 

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Industry Analysis

NBR

Industry Average

Valuation NBR Industry Range
Price/Earnings 18.9x
Price/Sales 0.9x
Price/Book 1.0x
Price/Cash Flow 3.9x
TEV/Sales 0.1x
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